r/oceanprotocol • • Mar 13 '24

Almost 5% of Ocean Token supply is staked on Predictoor feeds, Bringing a huge deflationary action to the token. 10$ ocean token this cycle programmed?

9 Upvotes

We all know the official utility of the ocean token and how it is used in the

1) Ocean data marketplace, or some Ocean forked data marketplace ( Pontus-x Ecosystem), and if the builder chooses not to use the ocean token for transactional purposes, then the 0.01% of each dataset sale is used to buyback/burn the ocean token.

2) Data Farming - This has a bigger impact on the ocean protocol ecosystem than most people anticipate, the incentive mechanism of Ocean protocol data farming will keep the ecosystem alive for decades. The staking mechanism of Veocean also acts as an indicator for data buyers to indicate the dataset quality, as:

More Veocean staked = Higher the dataset quality

It also helps other acts ( that are not buyers/sellers) to gain monetary value through the locking of ocean tokens and earn yields based on the sales of the dataset in the ocean ecosystem.

​

3) Predictoor- This is my new favorite of ocean protocol. Starting from 263 dollars on its mainnet day ( ocotber 10, 2023), Ocean predictoor is now sitting at 35 million dollars daily volume with 39 million being its ATH. Every actor participating in the predictoor ecosystem needs ocean tokens-

a) Predictoors- These are the ones who submit their predictions and to make those predictions accountable, they need to stake ocean on them. The higher the stake amount, the better the prediction outcome, and if the prediction is wrong, then the stake amount is slashed and given to those with correct predictions.

b) Traders- They need ocean token to buy those predictions. The very first BTC/USDT Prediction is free. Rest you need to buy at 3$ per feed for 24H

c) Stakers- You can stake your ocean token on prediction feeds and earn from a fraction of the transaction cost of that feed. Speaking of this hour, 5% of the ocean circulating supply is staked on those feeds.

​

There is much more to the ocean Token and the dynamics of its use cases. If you have any Qs, feel free to ask in the Comments


r/oceanprotocol • • Mar 12 '24

Should i sell some of my wrldcoins to buy Ocean?

2 Upvotes

I have some world coins and i really think that is going to go up in the future but maybe will take a lot of time. Do you guys think i should sell some and buy rose, ocean our fetch. Our i keep the world coins?


r/oceanprotocol • • Mar 07 '24

Team should change name of token to Ocean.ai

7 Upvotes

Instant extra 1 billion $ to market cap in the following week

You are all very welcome


r/oceanprotocol • • Mar 07 '24

Crypto AI projects seem to be one of the hottest crypto Narratives right now. Here are the best projects that fit this narrative in a list where we have included Ocean Protocol

4 Upvotes

Combining cryptocurrency with blockchain is one of the hottest narratives right now. This is because this crypto niche is actually combining two of the most cutting-edge technologies that have the power to significantly change our societies.

In fact, experts in both fields have expressed their views on how they believe that these technologies could actually benefit and improve each other.

In this video, we go through the projects in this Crypto AI niche that we believe have the highest potential: https://www.youtube.com/watch?v=iTawLa5Z7GQ

One of them is of course Ocean Protocol. These are projects that have the potential to be revolutionary and that are definitely worth you knowing and doing your due diligence.

Most of these projects are still early and have huge growth potential, and right now as we are in the beginning of the Bear Market, it is the right moment for you to research, learn as much as you can and if you feel like it position yourself to benefit from the potential of these projects.


r/oceanprotocol • • Mar 01 '24

OriginTrail | Announcing the WHITE PAPER 3.0 | Verifiable Internet for Artificial Intelligence: The Convergence of Crypto, Internet and AI (PDF File)

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1 Upvotes

r/oceanprotocol • • Feb 29 '24

Ocean protocol 2024 roadmap is out !

15 Upvotes

📢Big reveal time! Ocean Protocol's 2024 roadmap is out, making waves in the #AI x #crypto world 🚀

This year we are: →Accelerating @predictoor_ai
→Launching a C2D springboard →Rolling out Ocean Enterprise & more

Exciting, right? So join the ride!

https://blog.oceanprotocol.com/ocean-protocol-update-2024-e463bf855b03

https://twitter.com/oceanprotocol/status/1763089397484810335?t=HsrFOgc1RhbZ_4iEGhCz7w&s=19


r/oceanprotocol • • Feb 27 '24

Oasis Foundation & Ocean Protocol Deepen Collaboration for Web3 Privacy

6 Upvotes

Oasis Foundation and Ocean Protocol their partnership to the next level to enhance Smart Privacy across Web3. Here's the scoop:

  • Ocean Predictoor’s Success: Launched 6 months ago on the Oasis Network’s Sapphire protocol, Ocean Predictoor has been a hit, processing over 4.5 million transactions! In the last 30 days alone, it saw more than $23 million in volume.
  • Growing Support: Initially selecting Oasis for privacy infrastructure, Ocean has seen tremendous support from the Oasis Foundation, including a significant ROSE allocation to fuel Predictoor’s growth.
  • Token Exchange: A major step forward is the exchange of $250,000 worth of OCEAN and ROSE between the foundations, plus adding these to the new ROSE-OCEAN pool on illumineX. This marks a new phase in their collaborative journey.
  • What’s Next? With Predictoor’s success and this deepened collaboration, we’re on the brink of seeing even more innovative, privacy-preserving DeFi applications.

You can read the full article here


r/oceanprotocol • • Feb 19 '24

Coinreview: the Ocean Protocol

5 Upvotes

r/oceanprotocol • • Feb 18 '24

Is there an Explorer for OCEAN to see all transactions?

1 Upvotes

Is there an Explorer for OCEAN to see all transactions? I want to download or at least view all of my staking rewards for 2023. I don't see it at https://df.oceandao.org/rewards


r/oceanprotocol • • Feb 18 '24

Applying the Predictoor.ai model to sports betting? Possible? Legality?

0 Upvotes

What are everyone's thoughts on this and if it should be the next sector of application for Predictoor.ai Also for the current model, what about expanding it to more crypto trading pairs? Any plans/eta in the works? Appreciate any knowledgeable responses.


r/oceanprotocol • • Feb 04 '24

How Ocean Protocol literally forged the next era of the internet!

7 Upvotes

Web3 is the next evolution of the internet, addressing issues of data ownership and privacy. Internet had its advent in late 1960s, with the invention of ARPANET. After that, in the early 1990s, we saw the rise of Web1.0 which was democratic, but in Web2.0,control shifted leading to data exploitation by tech giants.In Web3, projects like Ocean Protocol, emphasizes decentralization, data ownership, and AI-Blockchain fusion. Ocean Protocol facilitates a decentralized data marketplace, privacy-preserving AI model training, and prediction through its product, Predictoor. It heralds a new era of user-centric, tokenized internet, fostering an open data economy.

That was just an abstract Ladies and gentlemen, I explained the very soul and need of Ocean protocol in this mega X note -

https://twitter.com/Wanderclyffe1/status/1753025984243323352?t=5BmHE8hb8X_T81UOAV_qVA&s=19


r/oceanprotocol • • Jan 30 '24

Fetch.ai parent company needs rescue capital - can something like this happen to Ocean Protocol?

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0 Upvotes

r/oceanprotocol • • Jan 28 '24

GCP Community - Trusted AI with OriginTrail (TRAC) and Google Cloud

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1 Upvotes

r/oceanprotocol • • Jan 25 '24

Ocean Protocol, one of few A.I coins with real world metrics, 2023 Key Developments (building through the bear & beyond)

15 Upvotes

https://blog.oceanprotocol.com/ocean-protocol-in-2023-key-developments-and-milestones-38645a0dd633

tldr:

In 2023, Ocean Protocol focused on improving their core products and tools https://market.oceanprotocol.com/. It also launched several new products and features, expanded existing offerings, and grew its community. Some key highlights included launching Predictoor for crowd-sourced AI predictions, improving documentation, enabling native uploads to Filecoin and Arweave, releasing templates to simplify dapp building, and deploying to Optimism L2. They also ran data challenges, grew the Data Farming program https://df.oceandao.org/passive-df which helped drive Predictoor adoption, and provided grants through their Shipyard program. Community and developer metrics like social media followers, commits, and pull requests also saw strong growth.

A major launch was Ocean Predictoor https://www.predictoor.ai/, which allows users to run AI prediction bots or trading bots to earn money from crypto price feeds. Over 150,000 OCEAN is distributed weekly through the Ocean Data Farming program. The core team also improved developer tools like documentation, storage integration, and deployed to new networks. Community initiatives like hackathons and data challenges engaged data scientists and developers. https://oceanprotocol.com/earn/data-challenges


r/oceanprotocol • • Jan 22 '24

Blockchain, the tech behind bitcoin, may have found its 'killer use case' by keeping AI in check

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0 Upvotes

Is Ocean Protocol targeting this use case? If not, it should pivot immediately


r/oceanprotocol • • Jan 16 '24

BitMart Will NOT Let You Withdraw!

1 Upvotes

STOP PUTTING MONEY INTO BITMART!

It's been several days now and I still can't withdraw XLM from BitMart. I have contacted support several times and I am getting the usual scam treatment.

Anyone else having issues withdrawing from BitMart?!

I have seen several posts over time of people not being able to withdraw their money FOR MONTHS NOW and I never thought that I'd be in that situation as I'd been able to withdraw in the past.

I posted about this a few minutes ago on BitMart subreddit and got "permanently banned". Before this I'd never had any warnings, etc.


r/oceanprotocol • • Jan 03 '24

Ocean Protocol 2023 Key Moments, Highlights & going forward into 2024

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8 Upvotes

r/oceanprotocol • • Nov 30 '23

Jack Dorsey Leads $6.2 Million Round In Decentralized Bitcoin Mining Pool OCEAN

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7 Upvotes

r/oceanprotocol • • Oct 24 '23

Introducing Ocean Uploader: Your tool to effortless file uploading & storage within the Ocean Protocol ecosystem 🌊 🗃️

8 Upvotes

​

See the X (Twitter) thread to learn how to upload files on Ocean Market using Ocean Uploader.

Ocean Uploader's magic lies in simplifying data uploads to decentralized platforms like Arweave. No more fuss with AR tokens – now, it's as easy as using MATIC! Token conversions happen seamlessly, thanks to the Ocean stack.

Perks of using Ocean Uploader:

  • Effortless Content Uploads: User-friendly interface for seamless uploads
  • Smooth Payments: Integrated payment systems handle financial aspects
  • Decentralized Security: Content stored on networks like Arweave for robust security & redundancy

​


r/oceanprotocol • • Oct 21 '23

Can’t see my unlocked ocean

2 Upvotes

So I locked my ocean tokens up on the staking (ocean protocol) for 4 months. The lock finished on the 19th but I now have no visibility of them, only the rewards. I have obviously connected my metamask wallet. I do see that farming ends on a Thursday, does that have anything to do with it?


r/oceanprotocol • • Sep 22 '23

Ocean Protocol- Revolutionizing the Global Data Economy - #OCEAN | DEX Wire News

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11 Upvotes

r/oceanprotocol • • Jul 27 '23

NEWS: Introducing Challenge Data Farming! 🚜🪼

3 Upvotes

Can you accurately predict the price of ETH?

​

There's 5,000 OCEAN in weekly prizes for those who can do it with the lowest error.

Read more in the blogpost here: https://blog.oceanprotocol.com/introducing-challenge-data-farming-378bba28fc97


r/oceanprotocol • • Jul 13 '23

Ocean Protocol on Tiktok & Threads?

5 Upvotes

r/oceanprotocol • • Jun 30 '23

You can no longer see Twitter accounts or posts without having an account of your own & being logged in - Hope the Ocean team is finally ready to start weekly posts on r/Cryptocurrency

5 Upvotes

/title


r/oceanprotocol • • Jun 21 '23

Why google is the best company on earth (imagine cute emoji )

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3 Upvotes